The 7 Worst Reasons for Putting off Estate Planning
There is not much we own as a family. Can’t we wait until we have the money to plan? You shouldn’t. It is crucial to give legal authority to a person of your choice, to care for your children if…
There is not much we own as a family. Can’t we wait until we have the money to plan? You shouldn’t. It is crucial to give legal authority to a person of your choice, to care for your children if…
Even though it may be helpful to have someone else keep an eye on your bills while you’re away or sick, adding a child’s name to your bank account may not be worth the trouble. Doing so may have unintended…
In 1965, Medicaid was established to provide healthcare to low-income and asset-poor individuals. The state and the federal governments cooperate in delivering benefits. The state you live in makes a big difference in determining when or if you are eligible.…
A growing number of baby boomers will need extra care as they reach their golden years. Some may be able to get the care they need at home from a family member or in the form of hired help. Many…
The Social Security Administration has assigned you to assist your nephew Roberto in managing his benefits. In the Social Security system, you’ll be called Roberto’s “representative payee.” The situation is similar if you’re appointed to help your elderly father, who…
There are a number of living options available to Americans as they age. As we grow older, senior living options vary widely based on what level of care is required. Available options are tied to the resources a senior has…
We have learned that life is uncertain from the Coronavirus pandemic. There is no denying that life is uncertain in the wake of the Coronavirus pandemic. Too many aging Americans found themselves with a life-threatening COVID-19 illness in 2020 without…
The majority of young adults do not prioritize estate planning. Young adults in their twenties and thirties often think they don’t own enough to constitute an estate. However, an estate is the total of all you own – money, investments,…
For aging parents, assisted living communities provide essential care and provide a sense of peace and tranquility. Identifying the suitable facility “fit” for your loved one is a journey requiring matching your parents’ needs, budget, and lifestyle with desirable locations.…
Laws affecting the elderly or disabled are known as elder law. Attorneys who practice elder law advocate for and create legal plans to assist seniors, and their loved ones, in living better lives. Elder law may include planning for retirement,…